Answer: Option B
Explanation: In simple words, efficiency theory states that direct monetary benefit is the best motivator for the worker and if the employer pays high wage then the worker will definitely work more efficiently.
It further states that higher wage will be covered by the extra benefit that the worker will provide with his or her performance.
Thus, the correct option is B.
Answer:
C) defensive
Explanation:
Defensive stocks are stocks that generally perform well during economic recessions. In other words, their price is not related to the market tendency. Even if the market goes down, their price remains stable. Generally companies that sell products with a constant demand are considered defensive stocks, e.g. Costco, Target, Walmart, utilities (all, electric, gas, water), etc.
Answer:
Dec 31, 2018
Interest expense 3313.33 Dr
Interest Payable 3313.33 Cr
Explanation:
The note interest is payable at an annual rate of 4%. The interest will be paid at maturity however, an adjusting entry will be made on December 31, 2018 following the accrual basis of accounting to record the interest expense that relates to the period from November to December of 2018. The interest expense will be debited and as the interest will be paid at maturity, interest payable will be credited.
Interest expense = 497000 * 0.04 * 2/12 = $3313.33
Answer: In January, when the products are delivered.
Answer:
The Multi-step income statement is attached, Please find it
Explanation:
The multi-step income statement is attached with this answer please find it.
Gain On Disposal will appear in the other income section of the multi-step income statement
Cost of goods sold will appear in the cost of goods sold section of the multi-step income statement
Depreciation expense will appear in the operating expense section of the multi-step income statement
Sales returns and allowances will appear in the sales / net sales section of the multi-step income statement
